Starnet (SNMM)Online gaming, sexsites, lottery, Sportsbook Message Board

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Non-Tech : Starnet (SNMM)Online gaming, sexsites, lottery, Sportsbook

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To: Saturday who wrote (1178)	12/16/1998 2:48:00 PM
From: M_Power	Read Replies (2) of 8858

Great banter! Keep it up. Two thoughts: 1. To clarify: SNMM does not directly accept US or Canadian wagers. Their own casino, World Gaming, refuses North American bets. But their independent Softec licensees can, and do, accept US bets at their own risk...and SNMM takes a cut :0) 2. I don't think we should even be hazarding a guess as to how much of $39 million goes to SNMM's bottom line... - The house take for each licensee might be 2%, might be 10%. We have no idea how lucky each licensee has been. Like, what if somebody won huge on a progressive slot machine and buried the licensee for two weeks? - 2-3 licensees might be doing HUGE business while 2-3 might be doing OK and 2-3 might be doing awfully...SNMM's cut varies with revenue. ///M

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